Thor Explorations Ltd.

TSXV:THX Stock Report

Market Cap: CA$220.1m

Thor Explorations Management

Management criteria checks 4/4

Thor Explorations' CEO is Segun Lawson, appointed in Aug 2011, has a tenure of 13.42 years. total yearly compensation is $871.63K, comprised of 55.2% salary and 44.8% bonuses, including company stock and options. directly owns 4.43% of the company’s shares, worth CA$9.75M. The average tenure of the management team and the board of directors is 5.8 years and 8.1 years respectively.

Key information

Segun Lawson

Chief executive officer

US$871.6k

Total compensation

CEO salary percentage55.2%
CEO tenure13.4yrs
CEO ownership4.4%
Management average tenure5.8yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

Thor Explorations' (CVE:THX) Conservative Accounting Might Explain Soft Earnings

Sep 05
Thor Explorations' (CVE:THX) Conservative Accounting Might Explain Soft Earnings

Investors Still Aren't Entirely Convinced By Thor Explorations Ltd.'s (CVE:THX) Earnings Despite 27% Price Jump

Aug 27
Investors Still Aren't Entirely Convinced By Thor Explorations Ltd.'s (CVE:THX) Earnings Despite 27% Price Jump

Analyst Forecasts For Thor Explorations Ltd. (CVE:THX) Are Surging Higher

May 02
Analyst Forecasts For Thor Explorations Ltd. (CVE:THX) Are Surging Higher

Here's Why We Think Thor Explorations (CVE:THX) Might Deserve Your Attention Today

Apr 02
Here's Why We Think Thor Explorations (CVE:THX) Might Deserve Your Attention Today

Cautious Investors Not Rewarding Thor Explorations Ltd.'s (CVE:THX) Performance Completely

Feb 23
Cautious Investors Not Rewarding Thor Explorations Ltd.'s (CVE:THX) Performance Completely

Thor Explorations (CVE:THX) Seems To Use Debt Quite Sensibly

Oct 23
Thor Explorations (CVE:THX) Seems To Use Debt Quite Sensibly

Investors Should Be Encouraged By Thor Explorations' (CVE:THX) Returns On Capital

Oct 03
Investors Should Be Encouraged By Thor Explorations' (CVE:THX) Returns On Capital

Thor Explorations Ltd. Just Beat Revenue By 5.6%: Here's What Analysts Think Will Happen Next

Aug 28
Thor Explorations Ltd. Just Beat Revenue By 5.6%: Here's What Analysts Think Will Happen Next

We Ran A Stock Scan For Earnings Growth And Thor Explorations (CVE:THX) Passed With Ease

Aug 06
We Ran A Stock Scan For Earnings Growth And Thor Explorations (CVE:THX) Passed With Ease

Thor Explorations Ltd.'s (CVE:THX) Revenues Are Not Doing Enough For Some Investors

Jul 13
Thor Explorations Ltd.'s (CVE:THX) Revenues Are Not Doing Enough For Some Investors

We Like These Underlying Return On Capital Trends At Thor Explorations (CVE:THX)

Nov 08
We Like These Underlying Return On Capital Trends At Thor Explorations (CVE:THX)

Thor Explorations' (CVE:THX) Profits Appear To Have Quality Issues

Sep 06
Thor Explorations' (CVE:THX) Profits Appear To Have Quality Issues

CEO Compensation Analysis

How has Segun Lawson's remuneration changed compared to Thor Explorations's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$50m

Jun 30 2024n/an/a

US$33m

Mar 31 2024n/an/a

US$20m

Dec 31 2023US$872kUS$481k

US$11m

Sep 30 2023n/an/a

US$39m

Jun 30 2023n/an/a

US$46m

Mar 31 2023n/an/a

US$38m

Dec 31 2022US$898kUS$438k

US$39m

Sep 30 2022n/an/a

US$20m

Jun 30 2022n/an/a

US$13m

Mar 31 2022n/an/a

US$1m

Dec 31 2021US$375kUS$375k

-US$2m

Sep 30 2021n/an/a

-US$6m

Jun 30 2021n/an/a

-US$8m

Mar 31 2021n/an/a

-US$1m

Dec 31 2020US$868kUS$395k

-US$3m

Sep 30 2020n/an/a

-US$4m

Jun 30 2020n/an/a

-US$3m

Mar 31 2020n/an/a

-US$4m

Dec 31 2019US$363kUS$363k

-US$4m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$779kUS$215k

-US$3m

Compensation vs Market: Segun's total compensation ($USD871.63K) is about average for companies of similar size in the Canadian market ($USD709.03K).

Compensation vs Earnings: Segun's compensation has been consistent with company performance over the past year.

CEO

Segun Lawson

13.4yrs

Tenure

US$871,631

Compensation

Mr. Olusegun Lawson, also known as Segun, BSc, MBA has been the Chief Executive Officer and President of Thor Explorations Ltd. since August 12, 2011. Mr. Lawson served as an Officer of African Star Resour...

Leadership Team

NamePositionTenureCompensationOwnership
Olusegun Lawson
President13.4yrsUS$871.63k4.43%
CA$ 9.8m
Christopher Omo-Osagie
CFO & Secretary2.7yrsUS$270.80kno data
James Philip
Chief Operations Officer2.7yrsUS$530.60k0.70%
CA$ 1.5m
Alfred Gillman
Group Exploration Manager9yrsno datano data

5.8yrs

Average Tenure

Experienced Management: THX's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Olusegun Lawson
President12.5yrsUS$871.63k4.43%
CA$ 9.8m
Julian Barnes
Independent Non-Executive Director8yrsUS$83.03k0.19%
CA$ 424.7k
Collin Ellison
Independent Non-Executive Director6.4yrsUS$82.60k0.11%
CA$ 251.2k
Adrian John Coates
Independent Non-Executive Chairman8.1yrsUS$136.14k0.27%
CA$ 603.3k
Osam Iyahen
Non-Executive Director3.7yrsno datano data
Folorunso Adeoye
Independent Non-Executive Director8.4yrsUS$80.19k3.4%
CA$ 7.5m
Kayode Aderinokun
Independent Non-Executive Director8.4yrsUS$76.04k3.23%
CA$ 7.1m

8.1yrs

Average Tenure

70yo

Average Age

Experienced Board: THX's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 07:43
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thor Explorations Ltd. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel CatalanoCanaccord Genuity
Alexander BedwanyCanaccord Genuity
Roger BellHannam & Partners (Advisory) LLP